The Dow Jones industrial average (INDU) lost 215 points, or 2.1%, with under 3 hours left in the session. The S&P 500 index (SPX) fell 27 points, or 2.4%. The Nasdaq composite (COMP) fell 50 points, or 2.3%. All three major indexes were flirting with fresh two- to three-month lows.

“The market is turning its attention to the jobs data and it doesn’t like what it’s seeing,” said Matt King, chief investment officer at Bell Investment Advisors.